Question: Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round Intermediate calculations.) Contract Date: Interest Rate Note

Determine the maturity date and compute interest for each note. (Use 360 days a year. Do not round Intermediate calculations.) Contract Date: Interest Rate Note 1. March 3 Principal $ 12,000 Period of Note (Term) 66 60 days 2. May 17 17,000 8 90 days 3. October 22 10,000 4 45 days Contract Date Maturity Month Interest Maturity Date Expense 1. March 3 May 2. May 17 3. October 22

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